Assistant Vice President - Pre-Approval Credit Check

The Japan Research Institute, Limited (Singapore Branch); Kuala Lumpur; Hybrid; MYR 80,000 - 120,000; Full time

Job summary

Sumitomo Mitsui Banking Corporation Malaysia Berhad is seeking a Credit Analyst to review credit applications for accuracy and ensure compliance with Head Office policies. The role requires strong analytical and communication skills and collaboration with front office and Credit Department.

You will monitor credit facilities, ensure proper collateral and approvals, and prepare management reports. The candidate should have 3-5 years in credit analysis and a degree in business or accounting, with

Qualifications

• Bachelor’s degree or professional qualification in business, economics, accounting or related discipline.
• Minimum 3–5 years of credit analysis and credit review experience.
• Strong communication and analytical skills; able to work independently or in a team.
• Good understanding of industries, regulatory policies, and requirements.
• Team player, self-motivate, enthusiastic and open to new ideas.

Responsibilities

• Review credit applications for compliance with Head Office rules and guidelines.
• Review credit monitoring data, obligor and facility grading accuracy.
• Monitor market indicators and ratings changes affecting credit risk.
• Trigger business promotions based on adverse market information.
• Assess efficacy of credit policies, processes, and KPI incentives.
• Prepare timely credit administration reports for management and regulators.
• Collaborate with Credit Control and Shared Service Centre.
• Ensure action plans and contingency measures for breaches and crises, in PACC.
• Coordinate with Front Office and Credit Department on regulatory changes.

Skills

Communication

Analytical skills

Presentation skills

Writing skills

Problem solving

Interpersonal skills

Team player

Education

Bachelor’s degree in business / economics / accounting

Job description

Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). Built upon our rich Japanese heritage since 1876, we put our customers first and provide seamless access to, from and within the Asia Pacific region. SMBC is one of the largest Japanese banks by assets and maintain strong credit ratings across our global integrated network. We work closely as one SMBC Group to offer personal, corporate and investment banking services to meet the needs of our customers.

With sustainability embedded within our strategy and operations, we are committed to creating a society in which today’s generation can enjoy economic prosperity and well-being, and pass it on to future generations.

Location: Malaysia

SUMITOMO MITSUI BANKING CORPORATION MALAYSIA BERHAD

Job Summary

• Reviewing credit application for accuracy of customer information, credit facilities/collateral's structure and appropriateness of approval authority.
• Compliance of Head Office rules, internal and external credit related guidelines and procedures.
• Ensuring adequate and proper credit policies, procedures and supporting mechanisms in managing credit risks.
• Foster communication and work in close partnership with the front office and Credit Department etc to support robust credit control and compliance processes.

Job Responsibilities

• Reviewing credit application in respect of compliance with Head Office rules, internal /external guidelines and procedures; including reviewing of accuracy of customer information, appropriateness of credit facilities, accuracy and completeness of supporting documents, adequacy of collaterals and appropriateness of approval authority.
• Reviewing credit monitoring in respect of customer information and financial data registration; accuracy of obligor and facility grading; applicability of self-assessment and appropriate adjustments.
• Attentive to customers’ downward share price movement, widening CDS price, external ratings downgrade (voluntary trigger events) and inclusion in the Trigger Report.
• To trigger Business Promotions on the requirement of credit monitoring based on any adverse market information of the customers.
• Managing and monitoring the efficacy of credit policies, procedures and supporting mechanisms (credit organizational design, key performance indicators, incentives, training etc.) in controlling credit risk and making appropriate credit related recommendation.
• Timely preparation of reports pertaining to credit administration for submission and deliberation at Management meetings and regulatory reporting.
• Attending to and following through with the responses to all relevant credit related audit issues, from BNM, LFSA, J-FSA, BOJ, External Auditors, CRVD, IAD, etc.
• Collaborating within Credit Control Department and other departments (including Shared Service Centre) to ensure appropriate credit functions and procedures.
• Ensure appropriate action plans and contingency plans are in place to manage irregular matters (such as breaches and errors) and crisis situations respectively in Pre-approval Credit Check ("PACC"), including timely reporting to management.
• Take necessary actions to secure sufficient and appropriately skilled resources and ensure staff within PACC can act as back-up for each other.
• Work closely with the Front Office and Credit Department etc. to address evolving regulatory requirements and internal governance standards.

Job Requirements

• Possess a Bachelor’s degree or professional qualification in business, economics, accountancy or related discipline.
• Minimum 3-5 years of credit analysis, credit review and well versed with Head office credit related policies/rules will be added advantage.
• Strong communication and analytical skills and able to work efficiently in both independent and team work environments.
• Good understanding of various industries and regulatory policy and requirements. Good presentation skill, writing skill, problem solving, interpersonal skill.
• Team player, self-motivate, enthusiastic and open to new ideas.